TVS Holdings Limited (TVSHLTD) — Working Capital to Net Assets Ratio
TVS Holdings Limited (TVSHLTD) has a Working Capital to Net Assets ratio of 4.5% as of March 2026. Working capital of Rs5.82 Billion (current assets of Rs105.47 Billion minus current liabilities of Rs99.65 Billion) is measured against net assets of Rs128.92 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See TVSHLTD financial flexibility score to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
TVS Holdings Limited Working Capital to Net Assets (2005–2026)
This chart shows how TVS Holdings Limited's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2005 to 2026. As of March 2026, the ratio stands at 4.5%, reflecting working capital of Rs5.82 Billion against net assets of Rs128.92 Billion INR. See operational self-sufficiency of TVS Holdings Limited to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for TVS Holdings Limited (2005–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for TVS Holdings Limited from 2005 to 2026, covering 22 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see TVSHLTD market cap overview.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 4.5% | Rs5.82 Billion | Rs128.92 Billion | Rs105.47 Billion | Rs99.65 Billion | ▼ -11.4 pp |
| 2025 | 15.9% | Rs16.15 Billion | Rs101.56 Billion | Rs93.33 Billion | Rs77.18 Billion | ▼ -198.2 pp |
| 2024 | 214.1% | Rs149.67 Billion | Rs69.92 Billion | Rs357.08 Billion | Rs207.41 Billion | ▲ +94.6 pp |
| 2023 | 119.5% | Rs72.81 Billion | Rs60.94 Billion | Rs283.11 Billion | Rs210.30 Billion | ▲ +101.8 pp |
| 2022 | 17.7% | Rs12.85 Billion | Rs72.82 Billion | Rs158.82 Billion | Rs145.97 Billion | ▲ +25.5 pp |
| 2021 | -7.9% | Rs-3.68 Billion | Rs46.63 Billion | Rs111.04 Billion | Rs114.72 Billion | ▲ +1.4 pp |
| 2020 | -9.3% | Rs-3.69 Billion | Rs39.80 Billion | Rs103.38 Billion | Rs107.07 Billion | ▼ -12.6 pp |
| 2019 | 3.4% | Rs1.31 Billion | Rs38.99 Billion | Rs89.10 Billion | Rs87.79 Billion | ▲ +49.8 pp |
| 2018 | -46.4% | Rs-15.52 Billion | Rs33.43 Billion | Rs70.83 Billion | Rs86.35 Billion | ▼ -19.6 pp |
| 2017 | -26.8% | Rs-7.50 Billion | Rs27.95 Billion | Rs28.96 Billion | Rs36.45 Billion | ▼ -2.7 pp |
| 2016 | -24.1% | Rs-5.53 Billion | Rs22.92 Billion | Rs25.25 Billion | Rs30.78 Billion | ▼ -8.5 pp |
| 2015 | -15.6% | Rs-2.85 Billion | Rs18.23 Billion | Rs25.73 Billion | Rs28.58 Billion | ▼ -6.1 pp |
| 2014 | -9.6% | Rs-1.45 Billion | Rs15.17 Billion | Rs20.24 Billion | Rs21.69 Billion | ▼ -0.2 pp |
| 2013 | -9.4% | Rs-1.14 Billion | Rs12.22 Billion | Rs17.74 Billion | Rs18.88 Billion | ▲ +17.7 pp |
| 2012 | -27.0% | Rs-2.78 Billion | Rs10.28 Billion | Rs17.68 Billion | Rs20.46 Billion | ▲ +50.7 pp |
| 2011 | -77.7% | Rs-7.16 Billion | Rs9.21 Billion | Rs17.01 Billion | Rs24.17 Billion | ▼ -172.1 pp |
| 2010 | 94.4% | Rs7.91 Billion | Rs8.37 Billion | Rs17.27 Billion | Rs9.36 Billion | ▲ +5.5 pp |
| 2009 | 89.0% | Rs6.72 Billion | Rs7.55 Billion | Rs15.22 Billion | Rs8.50 Billion | ▲ +2.4 pp |
| 2008 | 86.6% | Rs8.20 Billion | Rs9.47 Billion | Rs16.26 Billion | Rs8.05 Billion | ▲ +17.6 pp |
| 2007 | 69.0% | Rs7.61 Billion | Rs11.02 Billion | Rs16.52 Billion | Rs8.91 Billion | ▲ +12.1 pp |
| 2006 | 56.9% | Rs5.83 Billion | Rs10.25 Billion | Rs15.02 Billion | Rs9.19 Billion | ▲ +24.1 pp |
| 2005 | 32.8% | Rs2.92 Billion | Rs8.91 Billion | Rs11.43 Billion | Rs8.50 Billion | — |